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I love it when people blame the government for shit private equity is doing.
by forgetfreeman 2y ago
I love it when people blame the government for shit private equity is doing.
- brigadier132 2y agoThe government made housing an absurdly lucrative investment. So yes, I blame the government for making people want to buy houses as investments.
- forgetfreeman 2y agoLet me make sure I'm getting this right, your position is that the government somehow forced or guided private institutions to throw every sane guideline for underwriting mortgages out the window and then lever their positions up to lets-tank-the-global-economy levels of exposure? If anything the government is guilty of grotesque inaction in this instance but I don't get the feeling that's what you meant.